Stories du Jour from Le Fashionsphere

Category: Lawyers

Corporations and companies are struggling to obtain a comfortable economic environment, and it has not been easy. There are many factors to be considered to achieve a suitable commercial surrounding for a corporation. Jeremy Goldstein has been able to witness the destruction that the poor environment can cause an incentive to the employees and thus lead to significant loss to the long-term investors. Jeremy has worked in several companies from Goldman Sachs to Bank of America. He has thus gained the necessary skills and experience to offer solutions on how to take care of incentive-based programs.

Jeremy Goldstein offers to understand to the client on the riddled performance structured pay programs. The use of earnings per share about show how the handling of incentives of an employee is significant. The EPS is among the most significant stock market influencers, therefore, making it essential to the shareholders and is what makes them buy or sell. EPS is also responsible for providing incentives which the company increases the payout for each employee. Learn more: http://officialjeremygoldstein.com/philanthropy/

Recent studies have pointed out that companies that include the EPS in their overall pay structure make them more successful. Many would argue that EPS is beneficial if added to a business strategy. However, entities can be allowed to leverage EPS to an unfair advantage due to the competitive nature of the market. Those against the EPS have shown that implementation of EPS can cause the favoring CEOS of companies. They believe that the CEOS and Executives are awarded too much power that alters the final results of whether metrics are met or not. The altered metrics can lead to driving the company shares which is misleading and against the law.

Other disadvantages highlighted of the EPS is that the metrics only consider short-term benefits. Therefore, EPS does not provide a sustainable method of supporting the development of the corporation in the long-term. The performance-based pay system is also not advocated as it is ever-changing.

Jeremy Goldstein, a graduate of New York School of Law, has been practicing law in New York for some years now. Jeremy is a partner to the Jeremy L. Goldstein and Associates, LLC. Jeremy Goldstein has worked in several firms including Wachtell, Lipton, Rosen & Katz law firm.

Mr. Goldstein has been part of many corporate transactions in the past including acquisition of Duke Energy by Progress Energy. Goldstein also holds the position of Chair of Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section. Jeremy is also an expert in compensation law according to Leading Lawyers for Business and The Legal 500.